Kaidi Ruusalepp, founder of the technology company Funderbeam, joins the venture capital fund VentureWave, where his title is venture partnerbut besides that, he is exploring the possibility of starting his own new business.
Ruusalepp said on the Friday morning program of Äripää radio that he devotes half of his time to VentureWave, but the rest of the time he builds his own business. “Sustainable construction and business models around there,” Ruusalepp opened his thoughts a bit.
Ruusalepp remained modest when talking about the idea of a new business, but noted that it is a big shot for him. If the new business deserves to be implemented, we will hear about it at the end of 2025.
Ruusalepp also opened up about what his new job at a venture capital fund means and how it looks now from the “other side” start-up‘ide’s health.
Kaidi Ruusaleppa was interviewed by Viivika Rõuk.
The founder of Funderbeam has a plan to build a new business
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The sauna heater manufacturer Huum announced at the beginning of the week that it is preparing to sell the company and will first leave the investment platform Funderbeam. However, the decision is not to the liking of Huum’s shareholders, who feel that their hat has been pulled on their heads.
The sauna heater manufacturer Huum is preparing to sell the company and will first leave the investment platform Funderbeam.
Kaidi Ruusalepp, the founder and CEO of Funderbeam, is handing over his daily activities and will continue as the founder of the company on the board from June.
On May 6, the Financial Supervisory Authority issued an injunction to Funderbeam Markets, obliging the investment company to eliminate the deficiencies identified during the on-site inspection, that the separation and independence of the lines of defense at the level of the board and units are not always guaranteed in the investment company.
“There is a myth spreading in the energy industry that the old one continues to work, that is, we can continue with the old model based on fossil fuels. Since the investments in energy are large, it would be fair to include the sums needed to keep the old equipment in working order alongside the investments in new capacities,” Utilitas manager Priit Koit emphasizes in the program. “In that case, the differences are not big and you have to invest in the right things, because you have to invest anyway.”
Source: www.aripaev.ee
